I *so* did not need this temptation...Fictionwise 50% Micropay Rebate on all eBooks

texasnightowl · 03-30-2009, 02:36 PM

From the site:

NO FOOLING: 50% Micropay Rebate on all eBooks through Wednesday!
Oh what fools these mortals be! Our accountant thought it was an April Fool's Day joke, but no, it's true: every eBook at Fictionwise now sports a 50% Micropay Rebate when paying by credit or PayPal transaction. But don't tarry: savings this impressive cannot last long; you have only through Wednesday, April 1. After that, our accountant's meds wear off and he will force us to shut down this sale. Don’t forget that you get a bonus 5% rebate when you buy Secure eReader eBooks!

Fine print: Micropay Rebates are store credits, not refundable in cash. This offer only applies to eBooks, not eMagazine subscriptions, club memberships, or other non-eBook items. For complete details see the Micropay Rebate FAQ.

JSWolf · 03-30-2009, 03:32 PM

It would help me purchase eBooks if I would stop getting...

Service Unavailable

ronejay · 03-30-2009, 06:39 PM

Just my luck. Almost running out of books to read I bought some from FW yesterday thinking 30% Micropay is pretty awesome. Has FW offered higher than 50% Micropay? Just wondering should I wait for a better deal.

Bob Butler · 03-30-2009, 07:40 PM

Quote:

Originally Posted by ronejay

Has FW offered higher than 50% Micropay? Just wondering should I wait for a better deal.

There was a 60% sale around Christmas time IIRC

bgalbrecht · 03-31-2009, 12:25 AM

Quote:

Originally Posted by ronejay

Just my luck. Almost running out of books to read I bought some from FW yesterday thinking 30% Micropay is pretty awesome. Has FW offered higher than 50% Micropay? Just wondering should I wait for a better deal.

I'm getting rather peeved with FW, it seems like every time I buy stuff, they turn around and up the Micropay rebate. I don't think they'll top this one soon, though.

Seabound · 03-31-2009, 12:29 AM

Happy happy joy joy!

Blue Tyson · 03-31-2009, 01:54 AM

Quote:

Originally Posted by bgalbrecht

I'm getting rather peeved with FW, it seems like every time I buy stuff, they turn around and up the Micropay rebate. I don't think they'll top this one soon, though.

Yeah.

There is certainly not a bad problem to have, though!

FizzyWater · 03-31-2009, 02:08 AM

I just don't see how they're making any money, though...

I just bought $203.00 worth of books...and, after the 50%, plus the 5% for buying the first day and 5% for buying eReader (and I think two of the books were 100% rebates), I got a rebate of $163.00.

Who takes that hit? Is it Fictionwise? Do the authors/publishers "lose" a part of the cut? I have to think it's like Amazon's $9.99 "loss-leaders" - and Amazon is taking the loss, but it feels like I've been getting deals like this from Fictionwise for about the last 6 months.

I just hope it's not at the authors' expense. I want them to keep writing!

pdurrant · 03-31-2009, 05:12 AM

Fictionwise pay 50% of the list price to the publishers. So you'd think they're losing money on a 50% rebate with 15% club discount and 5% eReader rebate. But not so.

Why? because when you spend the micropay you don't get the discount.

Suppose you want to buy three books, each costing $10.
(e.g.
http://www.fictionwise.com/ebooks/eBook25136.htm
http://www.fictionwise.com/eBooks/eBook65249.htm
http://www.fictionwise.com/ebooks/eBook8075.htm)

Now, you're a member of the buywise club (15% discount) and they're on 50% rebate, and you're buying secure eReader format (5%)

You buy two with a credit card. That costs $17, and you get back $9.36 in micropay. (9.36 = 4.25+4.25+0.43+0.43: 50% - 4.25 on each book and 5% - 0.425 rounded to 0.43 on each book)

Then you buy the third with your micropay rebate - that costs $8.50 in micropay.

So - you end up with three books for $17, with $0.86 in micropay left
Fictionwise pays out $15 to the publishers
Fictionwise end up with get $2 - eventually $1.14 when you finally spend that micropay. Oh - and a very happy (repeat) customer.

I suspect that on the 100% micropay rebate they might have a deal with the publishers.

Essentially, 50% rebate is "3 for 2" and 100% rebate is "2 for 1"

Quote:

Originally Posted by FizzyWater

I just don't see how they're making any money, though...

I just bought $203.00 worth of books...and, after the 50%, plus the 5% for buying the first day and 5% for buying eReader (and I think two of the books were 100% rebates), I got a rebate of $163.00.

Who takes that hit? Is it Fictionwise? Do the authors/publishers "lose" a part of the cut? I have to think it's like Amazon's $9.99 "loss-leaders" - and Amazon is taking the loss, but it feels like I've been getting deals like this from Fictionwise for about the last 6 months.

I just hope it's not at the authors' expense. I want them to keep writing!

Maggie May · 03-31-2009, 06:24 AM

Quote:

Originally Posted by bgalbrecht

I'm getting rather peeved with FW, it seems like every time I buy stuff, they turn around and up the Micropay rebate. I don't think they'll top this one soon, though.

So am I. I just purchased over $50 worth of books on Saturday.
Missed out again. Blast.

Slan
Mag.

HappyMartin · 03-31-2009, 07:18 AM

And to finish me off the next in the Lost Fleet series available as a preorder. Oh well.

astra · 03-31-2009, 03:27 PM

It would help me purchasing if they accepted micropay. Only real money they want. They do...

Lemurion · 03-31-2009, 06:49 PM

I just saw this promotion and I was furious as it has completely replaced the SF promotion that was supposed to last through the 31st. That discount DID apply when purchasing with micropay and applied to magazine subscriptions. I'm going to spend a lot less with Fictionwise because this promotion doesn't apply to what I was going to spend my money on while the one they removed early and unannounced did.

stoogeswoman · 03-31-2009, 07:33 PM

Does this apply to eBookwise which (I think) is part of Fictionwise? or are they separate?

katewilly · 03-31-2009, 08:09 PM

"Just when I thought I was out, they pull me back in." Actually, I keep such a big wish list on FW, I'm always ready for a good sale. However, I have to figure out my strategy...do I pay with my CC for the more expensive books on my WL, or buy more of the inexpensive ones. What's the best strategy for building up Micropay $$$, which to me is kind of like a rainy day fund.

03-30-2009, 02:36 PM	#1
texasnightowl Guru Posts: 699 Karma: 1001556 Join Date: Jul 2008 Location: Texas Device: Oasis 3, K4B(NT), K3/KK	*I so* did not need this temptation...Fictionwise 50% Micropay Rebate on all eBooks** From the site: NO FOOLING: 50% Micropay Rebate on all eBooks through Wednesday! Oh what fools these mortals be! Our accountant thought it was an April Fool's Day joke, but no, it's true: every eBook at Fictionwise now sports a 50% Micropay Rebate when paying by credit or PayPal transaction. But don't tarry: savings this impressive cannot last long; you have only through Wednesday, April 1. After that, our accountant's meds wear off and he will force us to shut down this sale. Don’t forget that you get a bonus 5% rebate when you buy Secure eReader eBooks! Fine print: Micropay Rebates are store credits, not refundable in cash. This offer only applies to eBooks, not eMagazine subscriptions, club memberships, or other non-eBook items. For complete details see the Micropay Rebate FAQ.

03-31-2009, 02:08 AM	#8
FizzyWater You kids get off my lawn! Posts: 4,220 Karma: 73492664 Join Date: Aug 2007 Location: Columbus, Ohio Device: Oasis 2 and Libra H2O and half a dozen older models I can't let go of	I just don't see how they're making any money, though... I just bought $203.00 worth of books...and, after the 50%, plus the 5% for buying the first day and 5% for buying eReader (and I think two of the books were 100% rebates), I got a rebate of $163.00. Who takes that hit? Is it Fictionwise? Do the authors/publishers "lose" a part of the cut? I have to think it's like Amazon's $9.99 "loss-leaders" - and Amazon is taking the loss, but it feels like I've been getting deals like this from Fictionwise for about the last 6 months. I just hope it's not at the authors' expense. I want them to keep writing! Last edited by FizzyWater; 03-31-2009 at 02:10 AM.

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03-30-2009, 03:32 PM	#2
JSWolf Resident Curmudgeon Posts: 73,974 Karma: 128903378 Join Date: Nov 2006 Location: Roslindale, Massachusetts Device: Kobo Libra 2, Kobo Aura H2O, PRS-650, PRS-T1, nook STR, PW3	It would help me purchase eBooks if I would stop getting... Service Unavailable

03-30-2009, 06:39 PM	#3
ronejay Junior Member Posts: 6 Karma: 10 Join Date: Feb 2009 Location: Windy City Device: iphone	Just my luck. Almost running out of books to read I bought some from FW yesterday thinking 30% Micropay is pretty awesome. Has FW offered higher than 50% Micropay? Just wondering should I wait for a better deal.

03-31-2009, 12:29 AM	#6
Seabound Steerage Class Posts: 711 Karma: 505995 Join Date: Mar 2008 Location: Pacific Northwest, USA Device: Won't fit here anymore, see sig for a list of liseuses.	Happy happy joy joy!

03-31-2009, 07:18 AM	#11
HappyMartin Martin Kristiansen Posts: 1,546 Karma: 8480958 Join Date: Aug 2007 Location: Johannesburg Device: Kindle International Ipad 2	And to finish me off the next in the Lost Fleet series available as a preorder. Oh well.

03-31-2009, 03:27 PM	#12
astra The Introvert Posts: 8,307 Karma: 1000077497 Join Date: Jan 2007 Location: United Kingdom Device: Sony Reader PRS-650 & 505 & 500	It would help me purchasing if they accepted micropay. Only real money they want. They do...

03-31-2009, 06:49 PM	#13
Lemurion eReader Posts: 2,750 Karma: 4968470 Join Date: Aug 2007 Device: Note 5; PW3; Nook HD+; ChuWi Hi12; iPad	I just saw this promotion and I was furious as it has completely replaced the SF promotion that was supposed to last through the 31st. That discount DID apply when purchasing with micropay and applied to magazine subscriptions. I'm going to spend a lot less with Fictionwise because this promotion doesn't apply to what I was going to spend my money on while the one they removed early and unannounced did.

03-31-2009, 07:33 PM	#14
stoogeswoman Zealot Posts: 149 Karma: 492 Join Date: Feb 2009 Location: Reseda, CA Device: eBookwise 1150 and Kindle 1	Does this apply to eBookwise which (I think) is part of Fictionwise? or are they separate?

03-31-2009, 08:09 PM	#15
katewilly Enthusiast Posts: 36 Karma: 13912 Join Date: Nov 2008 Location: Alabama Device: sony 700, iTouch, iPhone, nook, iPad 2	"Just when I thought I was out, they pull me back in." Actually, I keep such a big wish list on FW, I'm always ready for a good sale. However, I have to figure out my strategy...do I pay with my CC for the more expensive books on my WL, or buy more of the inexpensive ones. What's the best strategy for building up Micropay $$$, which to me is kind of like a rainy day fund.